English Edition

The «3rd Cyprus Energy Symposium», by IENE and FMW, to Focus on the Role of Cyprus in the New European Energy Strategy

Τρι, 11 Μαρτίου 2014 - 20:37

The “3rd Cyprus Energy Symposium”, organized by the Institute of Energy for SE Europe (IENE), in co-operation with the Cyprus-based media company FMW - Financial Media Way, is taking place on March 27 -28, 2014, in Nicosia at the Cyprus Hilton Park. For the 3rd consecutive year, this regional event will gather several energy organisations and companies active in the broader area under the auspices of the Cyprus Chamber of Commerce and Industry (CCCI)

Croatia Opens Data Room Ahead of Off-shore Oil, Gas Tenders

Τρι, 11 Μαρτίου 2014 - 10:44

Croatia opened on Monday a data room for companies interested in its upcoming offshore oil and gas exploration tenders, the country's economy ministry said.

EU: Renewables at 14.1% of Gross Final Energy Consumption

Τρι, 11 Μαρτίου 2014 - 10:07

A new Eurostat report states that in 2012, energy from renewable sources was estimated to have contributed 14.1% of gross final energy consumption in the EU28, compared with 8.3% in 2004, the first year for which this data is available.

Minister Says Croatia Important for Regional Energy Stability

Τρι, 11 Μαρτίου 2014 - 10:06

Economy Minister Ivan Vrdoljak said after talks with US officials for energy and Southeast Europe in Zagreb on Monday that Croatia's energy projects had an important role in securing a reliable and diversified supply of energy products to the region and the entire Europe.

Bulgaria: South Stream Gas Pipeline Must Be Built

Τρι, 11 Μαρτίου 2014 - 10:05

Bulgaria's Ministry of Economy and Energy has insisted that the South Stream gas pipeline must be built because the project is essential for the security of supply to the country.

Final Investment Talks Commence for Turkey's 5,000 MW Coal-fired Power Plant

Δευ, 10 Μαρτίου 2014 - 11:01

The Turkish government’s recent steps to bring the country’s vast coal reserves to the attention of foreign energy companies have resulted in robust demand from investors all over the world. Saudi Arabia and the Slovakian-Thai consortium are reportedly in the final stage of their talks for the 5,000 MW coal-fired power plant, which is projected to be built in the Karapinar district of the Central Anatolian province of Konya.

Bulgaria - Romania Gas Link to be Completed by mid-April - Transgaz

Δευ, 10 Μαρτίου 2014 - 11:00

The construction of a gas interconnector between Romania and Bulgaria will be completed by mid-April at the latest, Romanian gas pipeline operator Transgaz said on Friday.

EREC Forced Into Liquidation

Παρ, 7 Μαρτίου 2014 - 15:07

An Extraordinary General Assembly of the European Renewable Energy Council (EREC) taking place in Brussels on 6th March decided the "voluntary” dissolution of the non-profit organisation after over a decade of existence

Bulgaria to Get up to 0.5 bcm of gas/yr Via Link with Romania

Παρ, 7 Μαρτίου 2014 - 09:58

Bulgaria will be able to get up to 0.5 billion cubic metres (bcm) of gas annually via the interconnector with Romania, using only a third of its planned capacity, Bulgaria's deputy economy minister said on Thursday.

Mitsubishi Heavy Industries and Turkish Energy Firm Sign Strategic Partnership Agreement

Παρ, 7 Μαρτίου 2014 - 09:58

Japan’s Mitsubishi Heavy Industries and Turkish energy firm, Ata Elektrik, a subsidiary of the Istanbul-based Urundul Group, have signed a cooperation and strategic partnership agreement to jointly invest in Turkey’s booming energy market.

Total To Start Drilling in Cyprus in Mid 2015

Παρ, 7 Μαρτίου 2014 - 09:40

French company Total expects to start drilling in Cyprus’ Exclusive Economic Zone (EEZ) in mid 2015, Managing Director of Total E & P Cyprus Jean-Luc Porcheron has said.

Romania: Incentivized Renewable Capacities Reached 4,412 MW by January 2014

Πεμ, 6 Μαρτίου 2014 - 09:25

The country’s incentivized renewable capacities reached 4,412 MW by January 2014, on the back of soaring investments in wind and solar capacities, although changes in the legal framework have put heavy brakes on new investments.

Qatar Petroleum Purchases 25% in Greece's Heron II

Πεμ, 6 Μαρτίου 2014 - 09:24

Qatar Petroleum International (QPI) on Wednesday paid Greece's GEK Terna $48 million for a 25 percent stake in Heron II, making the Qatari state company the third partner in the thermoelectric power plant in Viotia, central Greece.

Solar Powered Cars Tested in Izmir's Uni. Campus

Τετ, 5 Μαρτίου 2014 - 09:47

Turkey’s first domestic solar panel powers up electric cars were designed by college students in Izmir.

Bulgaria Weighs Dependence on Russian Energy

Τετ, 5 Μαρτίου 2014 - 09:46

Bulgaria, heavily dependant on Russia for gas and oil, will estimate its own reserves and seek alternatives to cope with any worsening of the Ukrainian crisis, it said on Tuesday.

EBRD will Provide Loan for a 108 MW Crucea North Romanian Wind Farm

Τετ, 5 Μαρτίου 2014 - 09:45

The European Bank for Reconstruction and Development (EBRD) is continuing to facilitate Romania’s transition to a low-carbon economy through the further development of renewable energy resources.